Stock Market LIVE: Sensex at day’s low, down 700 pts; Nifty near 24,550 in near broad-based selling | News on Markets – Journal Today Web

Stock Market LIVE updates today, Friday, July 19, 2024: Indian benchmarks — BSE Sensex and Nifty50 — which started at fresh record highs on Friday, led by Infosys and HDFC Bank, were seeing selling pressure amid global sell-off. 

The BSE Sensex hit a record high of 81,587 in early deals. Mirroring Sensex, the NSE Nifty50 too hit a new lifetime high of 24,854 during the early trade on Friday. The indices, however, failed to sustain the gains and fell sharply in the later half. The Sensex were quoted trading at 80,734.32, down 609.14 points, while Nifty50 

traded down 229.90 points to 24,570.95. 

Infosys shares continue to trade northward after the company posted better-than-expected Q1FY25 results, and also raised FY25 revenue growth forecast to 3-4 per cent. Asian Paints, LTIMindtree, and Titan Company were the other top gainers.

On the downside, BPCL, Tata Steel, Coal India, Hindalco, and JSW Steel were the top laggards, down up to 4 per cent.

In the broader markets, the BSE Mid, SmallCap indices fell around 2 per cent each. 

Among sectors, IT shares defied the trends and contiued to march northward, while the others were trading in red. 

 

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Stock Market LIVE: Sensex at day’s low, down 700 pts; Nifty near 24,550 in near broad-based selling | News on Markets – Journal Today Web – #Market – BLOGGER – Market, broadbased, Days, Journal, Live, Market, Markets, News, Nifty, pts, selling, Sensex, Stock, Today, Web

Stock Market LIVE updates today, Friday, July 19, 2024: Indian benchmarks — BSE Sensex and Nifty50 — which started at firm achievement highs on Friday, led by Infosys and HDFC Bank, were sight commerce push amid orbicular sell-off.  The BSE Sensex impact a achievement broad of 81,587 in primeval deals. Mirroring Sensex, the NSE Nifty50 likewise …

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Author: BLOGGER